Meredith Fiscal 2010 Third Quarter Earnings Rise Over 30 Percent
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(Press Release) DES MOINES, Iowa, April 28 — Meredith Corporation, the leading media and marketing company serving American women, today reported fiscal 2010 third quarter earnings per share grew more than 30 percent to $0.73 from $0.56 in the prior year. Total revenues increased 5 percent to $353 million.
Fiscal 2010 third quarter earnings included a net benefit of $0.04 per share from special items, primarily the resolution of an income tax contingency. Excluding these special items, earnings per share from continuing operations increased 25 percent to $0.69.
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